000 College St Lexington, TN 38351
This exceptional 55,756.8 square foot commercial land parcel is located at 000 College Street in Lexington, Tennessee, zip code 38351. Situated in Henderson County, this property presents a unique investment opportunity in a rapidly developing area. The lot's strategic location offers significant advantages, with new construction projects underway in close proximity. Across the street sits the Lexington/Jackson State Campus, a Farmhouse Restaurant, and a proposed new Health Department building. Adjacent to the property, a new Aspell Recovery building is under construction, and a new 50-unit housing development is being built at the street's end. This surge in development indicates a strong upward trend in the area, making this land ideal for various commercial ventures. The asking price for this prime commercial lot is $100,000. The property's size and location provide ample potential for substantial returns. This is a rare chance to acquire a significant land holding in a thriving Tennessee community. The property is zoned for commercial use. Interested parties are encouraged to conduct their own due diligence.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.